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Latest Articles in wipro

Wipro’s PAT Rises To 12% YoY To Rs 2,870 Cr In June Q1

In dollar terms, company's IT services revenue for the June quarter increased by 0.8 per cent YoY to USD 2,778.5 million

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Wipro To Invest $1 Bn In AI Over Next 3 Years

The company has also set an ambitious goal to train all of its approximately 250,000 employees on AI within the next 12 months

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Wipro Expands Presence In South Africa, Opens New Office In Cape Town

Cape Town's international BPO market alone contributed approximately R14 billion to the city's economy in 2021

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Wipro Sees More Top-level Exits

Wipro has witnessed a series of senior level exits this year. Notable departures include Nithin Jaganmohan, CFO of Americas 2; Rajan Kohli, Head of the iDEAS business; Sanjeev Singh, Operations Head; and Satya Easwaran, India Head

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Wipro To Leverage VMware Platform To Optimise Costs, Improve Financial Governance

VMware platform will allow the Indian IT company to increase efficiency through self-service IT capabilities, optimise costs and ensure zero-day compliance with required cybersecurity standards

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Wipro Board Gives Nod For Share Buyback of Rs 12,000 Cr At 19% Premium

The amount of the buyback excludes transaction costs, such as brokerage, applicable taxes like the buyback tax, securities transaction tax, GST, and stamp duty

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Q4FY23 Results: Wipro Posts Flat Profit Of Rs 3,075 Cr

The consolidated revenue from operations stood at Rs 23,190 crore, jumping 11 per cent from Rs 20,860 crore registered in the corresponding quarter last year

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Wipro To Consider Share Buyback Proposal On 27 April

Wipro is set to announce its financial results for the quarter that ended March 31, on the same day as the conclusion of the meeting

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US firm Alight To Pay $ 965 Mn As Services Fee To Wipro

In 2018, Wipro and Alight entered into an agreement to form a strategic partnership that would continue till 2028

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Badri Srinivasan Picked To Head Wipro’s India and SEA Businesses

He joined Wipro in January 2022 as the Managing Director for Southeast Asia, where he led the consolidation of strategic transformational engagements with clients while strengthening Wipro’s talent base and brand presence

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Menzies Aviation Selects Wipro To Transform Its Air Cargo Services

The partnership will help fortify Menzies’ position as the leading cargo handler in the market, enabling the company to grow its services and use of new technologies

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Act On Generative AI Now Or See Your Market Share Get Hit: Experts To Indian IT Cos

Experts suggest that generative AI could change the service models and pricing models

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Decoding Q3 FY23 Results: Indian IT Majors, As They Anticipate Slowdown

The quarter ended 31 December 2022 was a crucial one as we anticipate a slowdown and possible recession this year

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Wipro Reports 3% Jump In Q3 FY23 Net Profits, Consolidated Revenues At Rs 23,339 Cr

The company reported an increase of 6.2 per cent YoY in its IT Services Segment revenue, which stood at USD 2,803.5 million in the quarter ended December 2022

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Stock Market Update : Wipro, Tata Power, JSW Energy To Be In News Today

After a boom in the beginning of this week, the stock market closed with a slight decline on Wednesday. Even today, a mixed response is expected from the market

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